The planned overhaul of the GST distribution system may not be perfect, but it's a pragmatic and creative response all states and territories should be able to accept, Western Australian Treasurer Ben Wyatt said today.
Labor leader Bill Shorten has backed down from his ‘captain’s call’ to roll back company tax cuts for businesses with turnovers between $10 million and $50 million a year, after a leadership meeting today.
The state government is aiming to decide the future of the TAB by the end of this year, following today's release of a Treasury paper warning that failure to sell the state’s betting agency could create a major risk for the longevity of the local racing industry.
The state government will partially privatise title registry agency Landgate in a move expected to raise at least $640 million, with the money to be used to fund the state's share of the National Redress Scheme for child abuse victims.
Stavely Minerals, Prodigy Gold, Chalice Gold Mines and St George Mining are among the Western Australian miners that will share in $31 million allocated through the federal government’s Junior Minerals Exploration Incentive announced today.
A greater proportion of Western Australian taxpayers are likely to benefit from immediate changes to tax thresholds passed through parliament yesterday than other states, according to Business News analysis of Australian Taxation Office data.